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Tom MacLennan, Iain Fraser and Chris Stevens have been appointed as joint administrators.

MacLennan, of FRP Advisory LLP, said: "Unfortunately, following a number of operational challenges and a decline in resident numbers, the company has suffered significant cashflow difficulties which could not be resolved, resulting in it entering into administration.

"The health and wellbeing of the residents is of the utmost importance, which is why we have acted quickly by appointing Careport to manage the homes throughout this process and ensure that residents receive the best care.

"Whilst it has sadly been necessary to close the Helenslea House home in Dundee, we would encourage anyone interested in acquiring any or all of the homes to get in touch with us."